Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
October 15 2024 - 5:24AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October, 2024
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation
of registrant's name into English)
13/F, One International Finance Centre,
1 Harbour View Street, Central,
Hong Kong, China
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F X
Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No X
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82-
14 October 2024
New shares to be issued in connection with the scrip dividend
alternative
On 28 August 2024, Prudential plc ("Prudential") announced a 2024 first interim dividend of 6.84
US cents per ordinary share (the "Dividend"). On 30 August 2024, Prudential further
announced that a scrip dividend alternative would be offered in
respect of the Dividend in accordance with the shareholder approval
obtained at the 2024 annual general meeting. The scrip dividend
alternative will involve the issuance of relevant new ordinary
shares on the Hong Kong line only.
To participate in the scrip dividend alternative, shareholders must
have held a minimum of 118 ordinary shares on the applicable record
date for the Dividend (6 September 2024 for United Kingdom and
Singapore shareholders, or 9 September 2024 for Hong Kong
shareholders).
Prudential announces that 2,813,929 ordinary shares of 5 pence each
will be issued in connection with the scrip dividend alternative
(the "Shares"). When issued, these Shares will rank pari passu
with the existing ordinary shares. 214,108 of the Shares will be
sold pursuant to the share dealing facility which Prudential has
made available to enable United Kingdom shareholders to participate
in the scrip dividend alternative if they cannot provide an address
in Hong Kong or details of a Hong Kong qualifying brokerage account
(a requirement of holding shares on the Hong Kong line). Further
announcements will be made in due course in respect of the listing
and admission of the Shares.
Consistent with the Board's policy on scrip and staff incentive
scheme share issuances, it is intended that any minor dilution of
shareholders resulting from the scrip issuance will be neutralised
through the on-market buyback of shares on the London Stock
Exchange.
Further details can be found in the Evergreen Scrip Dividend Scheme
Circular published on 13 September 2024 or viewed
at www.prudentialplc.com/en/investors/shareholder-information/dividend/scrip-dividend.
Additional information
About Prudential plc
Prudential plc provides life and health insurance and asset
management in 24 markets across Asia and Africa.
Prudential's mission is to be the most trusted partner and
protector for this generation and generations to come, by providing
simple and accessible financial and health solutions. The business
has dual primary listings on the Stock Exchange of Hong
Kong (2378) and the London Stock Exchange (PRU). It also has a
secondary listing on the Singapore Stock Exchange (K6S) and a
listing on the New York Stock Exchange (PUK) in the form of
American Depositary Receipts. It is a constituent of the Hang Seng
Composite Index and is also included for trading in the
Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong
Kong Stock Connect programme.
Prudential is not affiliated in any manner with Prudential
Financial, Inc. a company whose principal place of business is
in the United States of America, nor with The Prudential
Assurance Company Limited, a subsidiary of M&G plc, a company
incorporated in the United Kingdom.
https://www.prudentialplc.com/
Contact
Tom Clarkson, Company Secretary, +44 (0)20 3977 9172
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: 14 October
2024
|
|
PRUDENTIAL
PUBLIC LIMITED COMPANY
|
|
|
|
|
|
By:
/s/ Thomas S. Clarkson
|
|
|
|
|
|
Thomas
S. Clarkson
|
|
|
Company
Secretary
|
Prudential (NYSE:PUK)
Historical Stock Chart
From Dec 2024 to Jan 2025
Prudential (NYSE:PUK)
Historical Stock Chart
From Jan 2024 to Jan 2025
